Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. This notice requirement explicitly applies to cybersecurity incidents occurring to the covered entity itself, its affiliates, or a third-party service provider.

Financial Services 110

Financial Services Cybersecurity Compliance Government 110

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records. ”

Financial Services 206

Financial Services Insurance Sales Authentication 206

Info Source

JANUARY 28, 2021

will focus on cloud, low-code technology solution to accelerate loan and mortgage document processing. a leader in intelligent document processing automation and data enrichment solutions, and JIFFY.ai , a fast-growing leader in enterprise-grade automation technology, have announced a formalized, strategic partnership. . –

Digital transformation 52

Digital transformation Financial Services Marketing Cloud 52

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

Financial Services 110

Financial Services Retail IT Information Security 110

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Armstrong Archives

DECEMBER 18, 2023

This reality has made data security increasingly important, requiring a sea change in the way companies handle their documents. We have decades of experience in the safe storage, scanning, and shredding of our clients’ important documents. What paperwork do I need to keep: How do you know which documents to keep or shred?

Archiving 52

Archiving Paper Records Management Compliance 52

The Last Watchdog

JULY 11, 2023

This includes scanning all materials, such as investor onboarding documents and communication. He has over 25 years of global leadership experience within the financial services industry, having spearheaded development across Electronic Trading, OMS, Risk, Compliance and Data. Implement strong data encryption.

IT 189

IT Encryption Risk Financial Services 189

Security Affairs

MARCH 17, 2020

Security experts from vpnMentor have discovered two corporate finance companies that leak half a million legal and financial documents online. vpnMentor experts uncovered a database exposed online on Amazon Web Services (AWS) that is leaking a huge amount of sensitive legal and financial documents.

Financial Services 109

Financial Services Access Privacy Security 109

Data Protection Report

APRIL 23, 2024

On 22 April 2024, the Financial Conduct Authority ( FCA ) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Krebs on Security

DECEMBER 27, 2019

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. ” Synoptek has not yet responded to multiple requests for comment.

Ransomware 179

Ransomware IT Phishing Financial Services 179

Data Matters

JUNE 5, 2018

The Act makes many significant modifications to the postcrisis financial regulatory framework, although it leaves the core of that framework intact. A financial institution could submit a query only in connection with a credit transaction (e.g., The Act is effective immediately except as otherwise stated in certain provisions.

Financial Services 68

Financial Services Insurance Privacy Authentication 68

AIIM

OCTOBER 22, 2019

Also known as “capture,” this capability is characterized by the ability to scan paper documents to store and use them in digital form instead of paper. First developed over 30 years ago, capture systems have evolved from simple solutions for basic scanning into sophisticated and expensive systems for enterprise-wide document automation.

Paper 90

Paper Computer and Electronics Access Archiving 90

Krebs on Security

JULY 23, 2020

First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. The documents were available without authentication to anyone with a Web browser. Santa Ana, Calif.-based It employs some 18,000 people and brought in $6.2

Insurance 289

Insurance Financial Services Mining Access 289

The Last Watchdog

MARCH 13, 2019

Melissa was hidden in a weaponized Word document that arrived as an email attachment. This gives you an idea of the steady flow of weaponized email attacks against companies of all sizes and in all sectors, with certain verticals, namely financial services, healthcare companies and tech firms bearing the brunt.

Systems administration 100

Systems administration Financial Services Insurance Security 100

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. This week, the U.S. billion last year.

Insurance 270

Insurance Risk Financial Services Mining 270

Security Affairs

APRIL 6, 2023

Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money. Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe.

IT 83

IT Financial Services Access Risk 83

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 110

Cybersecurity Financial Services Compliance Encryption 110

eSecurity Planet

MAY 11, 2023

The only exception, it seems, has been cloud service providers, who boast an enviable record when it comes to cybersecurity, thanks to rigorous security practices like Google’s continuous patching. We’ll go over them briefly here but the details can be found on page 16 of the document. The document can be found here.

Cloud 107

Cloud IT Insurance Authentication 107

Info Source

FEBRUARY 2, 2021

LOUIS, MO., — February 2, 2021 — KnowledgeLake today announced growth figures for 2020 that highlight the rapid adoption of its cloud-native platform for intelligent document processing that gives organizations control of the entire document lifecycle and the ability to capture, process, and manage almost any document. .

Cloud 59

Cloud ECM Financial Services Manufacturing 59

Security Affairs

DECEMBER 22, 2023

The company refused to pay the ransom and the ransomware gang threatened to leak the alleged stolen documents, including project data, clients’ and partners’ info, and NDAs. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Ransomware 123

Ransomware Data breaches Financial Services Archiving 123

Security Affairs

SEPTEMBER 5, 2021

Pacific City Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. The bank was hit by AVOS Locker Ransomware operators who claim to have stolen sensitive documents from the financial institution. Pierluigi Paganini.

Ransomware 118

Ransomware Financial Services Archiving Security 118

Data Protection Report

MARCH 1, 2021

On March 3, 2021, the New York Department of Financial Services (NYDFS) announced a Consent Order with a NYDFS-licensed Maine-based mortgage banker and loan servicer settling alleged violations of the NYDFS cybersecurity regulations. ( In the matter of Residential Mortgage Services, Inc., March 3, 2021).

Cybersecurity 98

Cybersecurity Financial Services Risk IT 98

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. ” said Latitude Financial CEO Ahmed Fahour.

Data breaches 86

Data breaches Financial Services Passwords Risk 86

Thales Cloud Protection & Licensing

JANUARY 22, 2024

Gone are the days when applying for a mortgage meant visiting a brick-and-mortar branch with a stack of documents and a great deal of patience. Online banking services have become so common that according to Forbes , more than 70% of adults in the U.S. Passkeys, replacing passwords, emerge as the superior authentication choice.

Security 77

Security Authentication Passwords Risk 77

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? How will one decision affect customers? Stakeholders?

Financial Services 98

Financial Services Cloud Metadata Digital transformation 98

The Last Watchdog

MARCH 14, 2022

Financial services, health, home security, governance and all other mission critical services are now provided online. Each time we subscribe for an online service or install a mobile application, we are introduced with a document which explains in detail how our private data will be handled. Perhaps, never?

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

Info Source

JUNE 23, 2020

DS-870 and DS-32000 Scanners Accelerate Processes and Digitize Thousands of Paper-Based Documents Quickly. June 18, 2020 – In the current climate, financial institutions must quickly adapt to distance banking practices to ensure employee and customer health and safety. LONG BEACH, Calif.

Paper 52

Paper Retail Access Financial Services 52

Info Source

JUNE 23, 2020

DS-870 and DS-32000 Scanners Accelerate Processes and Digitize Thousands of Paper-Based Documents Quickly. June 18, 2020 – In the current climate, financial institutions must quickly adapt to distance banking practices to ensure employee and customer health and safety. LONG BEACH, Calif.

Paper 52

Paper Retail Access Financial Services 52

Krebs on Security

JANUARY 25, 2022

The reader who shared this story (and copious documentation to go with it) asked to have his real name omitted to avoid encouraging further attacks against his identity. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. Then on Nov. Then on Nov.

Financial Services 210

Financial Services IT Data breaches Authentication 210

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. The Clock is Ticking for PCI DSS 4.0 Requirement 12.5

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Security Affairs

JANUARY 13, 2019

” The TA505 group was first spotted by Proofpoint back 2017, it has been active at least since 2015 and targets organizations in financial and retail industries. WIZ documents. “On December 13, 2018, we observed another large ServHelper “downloader” campaign targeting retail and financial services customers.”

IT 89

IT Financial Services Retail Ransomware 89

Info Source

OCTOBER 7, 2020

This strategic alignment will help customers increase productivity, efficiency and accuracy by unlocking enterprise data in documents with digital transformation initiatives. Offering businesses the ability to easily unlock their data with an intelligent document processing solution will help further our goals.”. About Ephesoft.

Digital transformation 40

Digital transformation Manufacturing Customer Experience Financial Services 40

AIIM

MAY 6, 2020

This will predominantly be documents with a structure such as forms, orders, invoices, delivery dockets, and vouchers. The steps for capture-to-process include: Recognize and extract useful data from the document or form. These important hidden benefits include: Improved searchability of business documents. Records Managers.

Paper 144

Paper Digital transformation Financial Services Records Management 144

Krebs on Security

SEPTEMBER 11, 2019

Unlike many stories here about cloud service providers being extorted by hackers for ransomware payouts , this snafu appears to have been something of an inside job. The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services. REVERSING THE REVERSAL.

Financial Services 279

Financial Services Cloud Insurance IT 279

Security Affairs

DECEMBER 10, 2023

Will Enable Mass Spying Reddit Says Leaked U.S.-U.K. billion personal records compromised by data breaches in past two years — underscoring need for end‑to‑end encryption Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter)

Security 87

Security Ransomware Data breaches Phishing 87

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Security 93

Security Data breaches Ransomware Financial Services 93